Harmonized Index of Consumer Prices: Furniture and Furnishings for France
CP0511FRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.97
Year-over-Year Change
0.49%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Furniture and Furnishings in France measures changes in the prices paid by French consumers for a basket of household furnishings. This metric is a key indicator of inflation within the French consumer market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HICP for Furniture and Furnishings in France is a component of the overall HICP, which is used by the European Central Bank to track and target inflation rates across the Eurozone. Analyzing price trends in household furnishings provides insight into consumer demand and overall economic conditions.
Methodology
The data is collected through surveys of French retailers and calculated using a set of standardized statistical methods.
Historical Context
Policymakers and analysts monitor this HICP component to assess domestic consumer spending and inflationary pressures.
Key Facts
- The HICP for Furniture and Furnishings accounts for roughly 5% of the overall French HICP basket.
- Prices in this category have risen by an average of 1.2% annually over the past decade.
- Household furnishings make up a larger share of consumer spending in France compared to many other European countries.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Furniture and Furnishings in France tracks the changes in prices paid by French consumers for household furnishings.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides insight into domestic consumer demand and inflation within the French market, which is valuable for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of French retailers and calculated using standardized HICP methodologies.
Q: How is this trend used in economic policy?
A: The HICP for Furniture and Furnishings is monitored by the European Central Bank and other policymakers to assess inflationary pressures and consumer spending patterns in France.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Furniture and Furnishings for France (CP0511FRM086NEST), retrieved from FRED.